As a way of buffering declining global alcohol consumption, the Victor, NY-based drinks giants has been aggressively moving into the into the cannabis industry having closed a $4 billion deal with Canopy Growth, major Canadian pot producer last year.

The third largest brewer in the US behind AB InBev and MillerCoors. Constellation Brands’ portfolio includes names like Corona, Modelo, Pacifico, Ballast Point and Funky Buddha, as well as a full roster of wine and spirit offerings.

According to CNBC Constellation’s beer holdings’ “grew to $1.21 billion, up 16 percent from the previous year’s third-quarter sales of $1.04 billion…. in part due to the Constellation’s increased spending in marketing for its beers.”